25 November 2010
USD/PhP: 44.08 + 0.11 PSEi: 4097.49 - 27.05
USD/JPY: 83.48 PFINC: 955.45 - 1.15
EUR/USD: 1.3336 BDO: 54.80 + 0.30
GBP/USD: 1.5776 BPI: 58.00 - 0.80
PDSTF3M: 1.7308 MBT: 73.50 + 0.50
Prices as of 4:00pm Source: Bloomberg, Reuters
PH stocks continue to slide
Local stocks dipped for a fourth day on Thursday despite a strong overnight rebound on Wall Street and favorable news about third-quarter domestic economic output.
The main-share Philippine Stock Exchange index lost 27.05 points, or 0.65 percent, to close at 4,097.49.
The decline was led by the holding firm and industrial counters which both tumbled by over 1 percent.
There were 53 advancers, which were edged out by 74 decliners, while 42 stocks were unchanged.
Only the property counter managed to buck the day's downturn with a marginal gain of 0.62 percent.
Value turnover stood at P5.35 billion.
Mixed trading marked the list of active stocks, with the likes of SM Investments Corp., Alliance Global Group Inc., Metropolitan Bank & Trust Co., Philippine Long Distance Telephone Co., Sta. Lucia Land Inc., Ayala Land Inc., Belle Corp., San Miguel Corp. and Filinvest Land Inc. gaining ground.
Source: www.inquirer.net
No comments:
Post a Comment